Asia FX Handover - 22nd April 2019

  • WTI broke to a 5-month high on reports that the US is to cease sanction ‘waivers’ to countries who import Iranian crude from 2nd May.
  • CAD is the strongest major on the back of higher oil prices, with CAD/CHF currently sitting as the largest gainer of the session. Volatility remained low outside of CAD pairs.
  • The long Easter weekend meant liquidity was likely lower than usual and the newsflow was at a minimum.  

Related tags: Forex Forex

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